About Apple (NASDAQ:AAPL)

Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company's products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

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Apple (NASDAQ:AAPL) Frequently Asked Questions

What is Apple's stock symbol?

Apple trades on the NASDAQ under the ticker symbol "AAPL."

How often does Apple pay dividends? What is the dividend yield for Apple?

Apple declared a quarterly dividend on Thursday, February 1st. Shareholders of record on Monday, February 12th will be given a dividend of $0.63 per share on Thursday, February 15th. This represents a $2.52 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Friday, February 9th. View Apple's Dividend History.

When did Apple's stock split? How did Apple's stock split work?

Apple shares split before market open on Monday, June 9th 2014. The 7-1 split was announced on Wednesday, April 23rd 2014. The newly issued shares were payable to shareholders after the closing bell on Friday, June 6th 2014. An investor that had 100 shares of Apple stock prior to the split would have 700 shares after the split.

How will Apple's stock buyback program work?

Apple announced that its board has approved a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $50,000,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 6.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's board of directors believes its stock is undervalued.

How were Apple's earnings last quarter?

Apple Inc. (NASDAQ:AAPL) posted its earnings results on Thursday, February, 1st. The iPhone maker reported $3.89 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $3.82 by $0.07. The iPhone maker earned $88.29 billion during the quarter, compared to the consensus estimate of $87.62 billion. Apple had a net margin of 21.13% and a return on equity of 37.37%. The business's revenue for the quarter was up 12.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.36 EPS. View Apple's Earnings History.

When will Apple make its next earnings announcement?

Where is Apple's stock going? Where will Apple's stock price be in 2018?

47 analysts have issued 1-year price targets for Apple's stock. Their predictions range from $26.00 to $999.00. On average, they expect Apple's stock price to reach $202.56 in the next year. View Analyst Ratings for Apple.

What are Wall Street analysts saying about Apple stock?

Here are some recent quotes from research analysts about Apple stock:

1. Maxim Group analysts commented, "Normalized iPhone revenue sell-out up ~17% y/y; our ASP analysis suggests iPhone X represented 20% of the December quarter iPhone mix. Guidance embeds iPhone unit & revenue sell-out accelerates, even on a normalized basis. Bottom line power of iPhone X still not evident, but we continue to also model erosion of the iPhone X price premium in FY19, leading us to continue to utilize normalized valuation. Continue to utilize a normalized earnings framework, though increasing 12- month price target to $210, from $204, due to a lower tax rate than we had assumed new tax law would enable." (2/2/2018)

2. According to Zacks Investment Research, "Apple is benefiting from steady iPhone sales, spurt in Services segment and a resurgence in Mac and iPad sales. The company is anticipated to benefit from the strong demand of iPhone X in mature markets, which will help it to sustain momentum in the near term. Going ahead, we believe foray into fast-growing technologies like autonomous vehicle, artificial intelligence (AI) & AR/VR are long-term drivers. Moreover, Apple’s new investment plan will boost its subscription-based services business and put an end to the criticism it is facing for not creating enough jobs in the United States. The company has positive record of earnings surprises in recent quarters." (1/19/2018)

Are investors shorting Apple?

Apple saw a decline in short interest during the month of January. As of January 31st, there was short interest totalling 42,078,657 shares, a decline of 9.9% from the January 12th total of 46,689,117 shares. Based on an average daily volume of 37,364,817 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.8% of the company's stock are sold short.

How do I buy Apple stock?

Shares of Apple can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Apple's stock price today?

One share of Apple stock can currently be purchased for approximately $171.07.

How big of a company is Apple?

Apple has a market capitalization of $868.01 billion and generates $229.23 billion in revenue each year. The iPhone maker earns $48.35 billion in net income (profit) each year or $10.22 on an earnings per share basis. Apple employs 123,000 workers across the globe.

MarketBeat Community Rating for Apple (AAPL)

MarketBeat's community ratings are surveys of what our community members think about Apple and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Apple (NASDAQ:AAPL) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.